The first house I lived at in California was part 2 of that - previous owners destroyed the place during a foreclosure, so we got what was previously an $800k house for $400k in a short sale by a bank. Took ~$50k to fix up because we were willing to do the work ourselves over about a year.

It was disgusting. Glass and other obstructions flushed down the pipes, literal feces on the walls, holes everywhere, missing parts of the ceiling, fixtures ripped out, etc.

Move-in process was essentially move all our stuff to a storage area, continue renting until we'd made the place no longer a biohazard, then we moved in slowly as we fixed up rooms.

But hey, a few hours of work a day for a year essentially saved a year of a FAANG salary on the place.